Announced Thu, 9 Jul · 16:46 IST
Ashoka Buildcon issues Rs 100 Crore Commercial Papers at 7.20%
Fund Raising View source PDF
ASHOKA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+3.6%1-day move
₹127.40
prior close
₹127.26
base price
After-mkt
timing
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+1.1+1.3+0.9+1.5+3.6+0.5+0.4-0.7-2.8-2.3————
Up moveDown movePending
AI summary
Ashoka Buildcon has issued 2,000 Commercial Paper units of Rs 5 lakh each, totalling Rs 100 crore. The CPs carry a coupon of 7.20% with upfront interest payment, are unsecured, and have a 90-day tenure maturing on October 7, 2026. Proposed to be listed on BSE. The board had earlier approved issuance of CPs up to Rs 300 crore outstanding at any time, in tranches.
Likely market impact
Routine short-term borrowing of Rs 100 crore at 7.20% for 90 days, within board-approved limit of Rs 300 crore. No major equity impact.